Ultralife Corporation Names Michael E. Manna President & CEO
November 22 2022 - 4:30PM
The Board of Directors of Ultralife Corporation (“Ultralife” or the
“Company”) (NASDAQ: ULBI) has appointed Michael E. Manna as the
Company’s President & CEO and as a member of the Board of
Directors effective immediately to replace Michael D. Popielec who
is leaving the Company. Mr. Popielec will remain with Ultralife as
an employee for a sixty-day period ending January 20, 2023 in an
advisory role to ensure a smooth leadership transition. In addition
to his new role, Mike Manna will retain his leadership position for
the Company’s Battery & Energy Products segment which he held
prior to his appointment as President & CEO.
“Over the past twelve years, under Mike
Popielec’s steadfast leadership, Ultralife has successfully
executed our global diversification strategy encompassing new
product development to drive organic growth and multiple accretive
acquisitions to position Ultralife in key markets not previously
served. We thank him for his dedication over his many years of
service and wish him well in his future endeavors,” said Bradford
T. Whitmore, Ultralife’s Board Chair. Mr. Whitmore continued,
“During Mike Popielec’s tenure as President & CEO, a succession
plan was developed and approved by our Board which is now being
implemented with the appointment of Mike Manna. Mike has been with
Ultralife for almost thirty years, serving in a variety of
leadership roles of increasing responsibility across engineering,
operations, product development, research & development and
sales, and for the last three years as leader of the Company’s
Battery & Energy Products segment. In addition to his
demonstrated leadership capabilities, Mr. Manna is a
well-recognized expert in rechargeable and primary battery cell
design across multiple chemistries in both government/defense and
commercial markets well positioning him for his new role.”
About Ultralife Corporation
Ultralife Corporation serves its markets with
products and services ranging from power solutions to
communications and electronics systems. Through its engineering and
collaborative approach to problem solving, Ultralife serves
government, defense and commercial customers across the globe.
Headquartered in Newark, New York, the Company's
business segments include Battery & Energy Products and
Communications Systems. Ultralife has operations in North America,
Europe and Asia. For more information, visit
www.ultralifecorporation.com.
Company Contact: |
Investor Relations Contact: |
Ultralife CorporationPhilip A. Fain(315)
210-6110pfain@ulbi.com |
LHAJody Burfening(212) 838-3777jburfening@lhai.com |
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